Australia, June 11 -- New South Wales Land and Environment Court issued text of the following judgement on May 12:
1. THE COURT: On 8 May 2025, shortly after the conclusion of oral submissions, this Court made orders dismissing this appeal with costs and discharging the stay which had been ordered pending the appeal. We indicated that reasons for judgment would be delivered promptly thereafter. These are our reasons.
Background
2. This appeal concerns a meeting of members of Keybridge Capital Ltd, held some three months ago, at around 4.30pm on 10 February 2025. The meeting had been called pursuant to s 249F of the Corporations Act 2001 (Cth) by the first respondent WAM Active Ltd, which is Keybridge's largest shareholder. The notice sta...